Yes thats a distinct possibility. I'm assuming the market will respond favourably to a ROW announcement but it will be brief and the interest will dissipate.
The market will definitely take notice of positive NNZ-2591 results and re-rate the company accordingly imho. A hostile takeover could happen at any time even post-NNZ2591 results, but its going to be more expensive to do so post-NNZ2591trials I believe. I'm probably shortchanging the company here; if the NNZ-2591 disorders are worth 5 times the trofinetide market which might eventually be valued at $2 billion, then the raider will still make a packet if they bought Neuren for $3-4 billion. So it may well be that the raider waits for positive NNZ-2591 results before committing.
A languishing share price would be attractive to a raider, but I figure a buoyant share price isn't going to stop them either.
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$15.11 |
Change
-0.165(1.08%) |
Mkt cap ! $1.930B |
Open | High | Low | Value | Volume |
$15.38 | $15.47 | $14.93 | $5.601M | 371.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 93 | $15.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.11 | 900 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 567 | 15.110 |
6 | 701 | 15.100 |
4 | 552 | 15.090 |
3 | 537 | 15.080 |
2 | 297 | 15.070 |
Price($) | Vol. | No. |
---|---|---|
15.120 | 2132 | 26 |
15.130 | 1965 | 16 |
15.140 | 1434 | 15 |
15.150 | 625 | 3 |
15.160 | 305 | 2 |
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